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Investment Property New Lambton, NSW, 2305

Suburb Snapshot

New Lambton is a suburb in the Newcastle Region of New South Wales. New Lambton has a population of 10,043 people and 26.67% of its occupants live in rental accommodation. The median listing price for houses is $1,100,000 and this has changed 0.00% over the past year and changed 4.76% over 2 years.

The median rent in New Lambton for houses is $695 per week and the median rental yield is 3.28%. Stock on the market for houses/townhouses has changed -12.77% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $550,000 and this has changed 1.85% over the past year. The average unit takes 65 days to sell and the median rent for a unit in New Lambton is $510 per week, producing a rental yield of 4.82%.

Supply & Demand in New Lambton, Newcastle

0.72%

Current vacancy rate


34

Rental stock available


10,043

Population


26.67%

Rental population


1.06%

Current vacancy rate


872

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for New Lambton, Newcastle

  House Townhouses Units
Median listing price $1,100,000 $760,000 $550,000
Median price change - last quarter -4.35% 2.66% -3.51%
Median price change - 1 year 0.00% 4.89% 1.85%
Median price change - 2 years 4.76% 6.74% 3.77%
  House Townhouses Units
Median weekly rent $695 $610 $510
Median yield % 3.28% 4.17% 4.82%
Median rent change - 1 year 10.31% 10.90% 13.33%
  House Units
Previous month sales 14 1
Stock on market previous month 41 3
Stock variance vs. last year -12.77% -25.00%
Average days on market 59 65

New Lambton investment property listings

Showing 2 of 2 investment properties found in New Lambton on realestateinvestar.com.au

24 Mackie Ave, New Lambton

$1,050,000

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Versatile R3 Zoned Opportunity in a Prime New Lambton Location

Set on a generous 643m² block with R3 Medium Density Residential zoning, this charming New Lambton home presents an exceptional opportunity for homeowners, investors, or developers seeking space, comfort, and future potential in one of Newcastle's most tightly held suburbs. Well-maintained and ...

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House

NSW 2305


173 Russell Rd, New Lambton

$0

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Kuraji, c.1920 ~ A Masterclass in Timeless Elegance

In a commanding position at the top of the hill, Kuraji stands as one of New Lambton's true treasures. Built circa 1920, this post-Federation beauty has always turned heads, but following its recent renovations, it's now nothing short of magnificent. Behind its charming, red-tiled roof and ...

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House

NSW 2305


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